The Keystone XL pipeline government comment period has been extended, a move that likely postpones a final decision until after the mid-term elections.» Read More
Oil's rise to $100 per barrel and beyond is likely to continue for awhile, but the duration of the run will be ultimately be determined by geopolitical events more than current supply expectations.
Shares of Hess slipped Wednesday afternoon after a UBS Investment Research analyst downgraded the oil and gas producer, saying investors have been too enthusiastic about the company's stake in an oil prospect offshore Brazil.
The votes are in, and our readers are fairly bullish for stocks next year despite today's dreary decline. Sixty-five percent of some 800 who answered our Market Insider survey since Monday think that the S&P 500 will close higher this year.
For oil, passing $100 a barrel could be just another milestone as it continues its unprecedented climb.
The stock market is off to a fitful start on this first trading day of 2008, not necessarily a good omen for the year if you believe soothsayers. ISM manufacturing data, released at 10 a.m., took an already waffling market lower.
Crude oil and energy stocks were among the year's biggest winners. But what's in store for 2008?
What fresh ideas will make investors money in the coming year? CNBC asked some experts to weigh in with their thoughts.
Get out your crystal balls. This final day of the year is the perfect time to ponder and predict where S&P 500 stocks will go in 2008. We want to know what you think. Take the poll below -- and please write to us. We will post some of your comments later in the week.
Pakistan will delay parliamentary elections by at least four weeks after a wave of violence triggered by the assassination of Benazir Bhutto.
Turkmenistan has stopped natural gas exports to Iran, causing winter shortages in some parts of its neighbour, Iranian officials said on Monday.
Billionaire investor Kirk Kerkorian's Tracinda will pay $684 million to acquire a 35 percent stake in Delta Petroleum the independent oil and gas company said Monday.
Pakistan's Election Commission will decide on Tuesday whether to postpone a Jan. 8 general election meant to complete a transition to civilian rule, a commission official said on Monday.
It sounds almost too good to be true: Wall Street's bull wants to run in 2008, but its success will depend on whether the U.S. economy avoids recession and the credit crunch continues to ease. A growing chorus of investors who believe U.S. stocks will outperform other markets next year...
Vince Farrell, managing director at Scotsman Capital and a CNBC contributor, made some interesting observations today about LIBOR and the credit markets. See his comments below.
For sale: Auto company with a colorful, if unspectacular, track record. Located in the fast-growing Eastern Europe market, with plenty of capacity for building new models. The prize property on the block? Yugo! Yes, that Yugo!
Buyers hesitantly returned to stocks. But a flight to quality after the murder of Pakistani opposition leader Bhutto kept gold up, while oil also rose.
Benazir Bhutto's killing will boost perceived risk in nuclear-armed Pakistan, analysts warned, but some said it was not in itself surprising enough to substantially change investor sentiment.
Dismal data gave stocks a one two punch, knocking the wind out of the year-end Santa rally. Very little data is due between now and year-end, and investors are turning their focus to the year ahead.
A weakness in durable goods orders at home and terrorism abroad thwarted an end-of-year rally in US markets, which finished lower.
Analysts say the shock of the Bhutto news triggered a classic capital flight to assets that are considered safe havens in times of geopolitical stress.
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